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Lastest Forex Analysis News

Forex technical analysis: USDJPY moves back above the 200 hour MA
The USDJPY has worked it's way back above the 200 hour MA. It is higher on the day as well (closed at 119.42). US stocks are back to the plus side, US bonds are lower to flat, better initial claims data have helped the USDJPY (and the JPY crosses as well).
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Forex technical analysis: AUDUSD reaches the comfort zone. What is it?
The 100 and 200 hour MAs (blue and green lines at 0.7902 and 0.7918 respectively) bookend the 50% of the move up from the May 5 low at 0.7908. Is it enough to slow, the decline? The pair had the RBA cut this week but they took out a easing bias from …
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AUD/USD Forex Technical Analysis – May 11, 2015 Forecast
The AUD/USD rallied on Friday after the release of the U.S. Non-Farm Payrolls report and the U.K. election results, but there was no follow-through move on Monday's opening. Today is a light report day so it looks as if traders are going to react to …
Read more on FX Empire

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